OAU 0.00% 0.6¢ ora gold limited

Ann: Change of Registered Office & Principal Place of Business, page-9

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    As you are most likely aware , one needs to look at true width not just the reported width , and also the strike length , plus the structure.
    I am no geo but some of the drill intercepts here are parallel to the ore body so giving are far wider than true width being perpendicular to the lode .
    The strike I can see is only around 60 meters each on two separate structures the original crown prince and also the new South Zone , but as pointed out the strike could become longer .
    The structure is very complex due to having been formed after what looks like a relatively flat ore body was deformed upwards(like a syncline/anticline ) and then at a future time jogged sideways cutting it in half .

    Still to me it looks to have great potential as due to how shellow it is and being on a mining lease it can be monetised without a lot of capex or time span , and the share price is undervalued but the signs are not as great that it goes as deep as some other ore bodies in the area ie Great Fingal .
    Last edited by plough: 26/08/23
 
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